股东不能忽视Radius Recycling内部人士62.1万美元的销售额

While it's been a great week for Radius Recycling, Inc. (NASDAQ:RDUS) shareholders after stock gained 16%, they should consider it with a grain of salt. In spite of the relatively cheap prices, insiders made the decision to sell US$621k worth of stock in the last 12 months. This could be a warning indicator of vulnerabilities in the future.

While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, we would consider it foolish to ignore insider transactions altogether.

Radius Recycling Insider Transactions Over The Last Year

The Senior VP and President of Products & Services, Steven Heiskell, made the biggest insider sale in the last 12 months. That single transaction was for US$193k worth of shares at a price of US$24.14 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is US$20.65. So it is hard to draw any strong conclusion from it.

Insiders in Radius Recycling didn't buy any shares in the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 6.0% of Radius Recycling shares, worth about US$34m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Radius Recycling Insider Transactions Indicate?

It doesn't really mean much that no insider has traded Radius Recycling shares in the last quarter. Still, the insider transactions at Radius Recycling in the last 12 months are not very heartening. But we do like the fact that insiders own a fair chunk of the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Radius Recycling. Every company has risks, and we've spotted 1 warning sign for Radius Recycling you should know about.

Of course Radius Recycling may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.